Summary Info
About Dividend
Update Notification Flag
No
Correction Notification Flag
Yes
Postponed Notification Flag
No
Reason of Correction
About Dividend
Decision Date
03.03.2020
Date of Related General Assembly
24.08.2020
Was The Issue of Dividend Payment Negotiated?
Discussed
Type of Cash Dividend Payment
Cash Dividend Will Not Be Paid
Currency Unit
TRY
Stock Dividend
Will Not Be Paid
Cash Dividend Payment Amount and Rates
Share Group Info
Payment
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (%)
Withholding Rate (%)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (%)
A Grubu, KRDMA, TRAKRDMA91G3
0,0000000
0
0
0,0000000
0
B Grubu, KRDMB, TRAKRDMB91G1
0,0000000
0
0
0,0000000
0
D Grubu, KRDMD, TRAKRDMR91G7
0,0000000
0
0
0,0000000
0
Amount and Rate of Cash Dividend Stock Dividend Payment
Share Group Info
Amount of Stock Dividend (TL)
Rate of Stock Dividend (%)
A Grubu, KRDMA, TRAKRDMA91G3
0
0
B Grubu, KRDMB, TRAKRDMB91G1
0
0
D Grubu, KRDMD, TRAKRDMR91G7
0
0
Additional Explanations

During the financial year 2019 Kardemir has recorded 152.363.397,38 TL, loss according to the Tax Procedure Law and 80.645.069 TL consolidated net profit according to IFRS. Within this scope, since there is no distributable net profit according to the legal records it is decided not to distrubute any profit.

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.

DIVIDEND DISTRIBUTION TABLE
KARDEMİR KARABÜK DEMİR ÇELİK SANAYİ VE TİCARET A.Ş. 01.01.2019/31.12.2019 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
1.140.000.000
2. Total Legal Reserves (According to Legal Records)
111.673.435
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
-34.997.998
-152.363.397,38
4. Taxes Payable (-)
115.643.067
5. Net Current Period Profit
80.645.069
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )
5.356.685,06
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
11. First Dividend to Shareholders
* Cash
* Stock
12. Dividend Distributed to Owners of Privileged Shares
13. Other Dividend Distributed
* To the Employees
* To the Members of the Board of Directors
* To Non-Shareholders
14. Dividend to Owners of Redeemed Shares
15. Second Dividend to Shareholders
16. Secondary Legal Reserves
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves
20. Other Distributable Resources